Preparations for the new capital accord trundle on but there are growing fears among bankers and their supervisors that its inconsistent implementation around the world will cause problems. 

We’ve seen the scary trailers for MiFID (known to equity traders as ‘Day of the MiFIDs’ after the 1960s sci-fi movie). But are we ready for the sequel, which will target bond and derivatives markets?Michael Imeson investigates.

When the Payment Services Directive begins to bite, Italians will open bank accounts in The Netherlands to avoid high charges and banks will lose a fortune. Chris Skinner examines the true nature of its teeth.

Staff are the major perpetrators of fraud on companies. Michael Imeson outlines the importance of sound operational risk policies and procedures in preventing, detecting and investigating internal fraud.

High quality data is essential for good operational risk management but finding it can be difficult without access to a shared database. Michael Imeson explains.

Of all the forms of operational risk, compliance officers are most concerned with regulatory risk. Why? Because the consequences of getting it wrong can be so severe, writes Michael Imeson.

UK regulators are reviewing hedge funds and alternative retail investments with a view to imposing new restrictions that could curtail growth in the sector, writes Michael Imeson.

Proposed by the Committee of European Banking Supervisors, translated from officialese by Michael Imeson.

Ravi Varadachari explains how banks that plan to comply with Basel II’s advanced approaches can use them for strategic decision making, such as capital allocation for individual lines of business.

Market discipline should be used to lower the risk of arbitrary supervisory discretion in the implementation of pillar 2 of the Basel II Accord. Professor Harald Benink addresses the latest global developments on Basel from a European perspective.